Economics MCQ Quiz Hub

Economics Bank System MCQS

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1. Profit and loss-sharing is an element of this system:




2. Cash cannot be obtained from bank against:




3. Commercial banks accept deposits and provide:




4. The banks can give loans:




5. Banks discount it and advance loans:




6. Banks prepare their balance sheet:




7. Balance sheet of a bank has two parts:




8. When banks prepare their balance sheets they show the money lent in:




9. The power of a bank to create credit is affected by:




10. Demand deposits are:




11. An asset is liquid when it is:




12. A bank has Rs. 5 million in cash. The minimum reserve ratio is 20%. What is maximum potential increase in total deposits:




13. The following is not a bank liability:




14. When a commercial bank creates credit it immediately raises:




15. Which is the source of interest for a bank:




16. Commercial banks are able to create money by:




17. Which is a function of a commercial bank:




18. When a commercial bank creates credit its immediate effect is that it raises:




19. Total number of bank branches in Pakistan is:




20. Demand deposits mean:




21. Which is considered liability by a bank:




22. Demand deposits are money because:




23. Credit money is created by:




24. Credit money is created by:




25. Select the correct statement:




26. Select the correct statement:




27. Select the correct statement:




28. Which type of cheque is more safe for transfer of money




29. Which type of cheque is least safe for transfer of money:




30. If a person is more interested to earn income he should deposit his money in:




31. If a person is interested that his amount should be readily available as soon as he needs he should deposit his money in:




32. Which type of card is not issued by commercial banks:




33. Which type of card is not issued by central banks:




34. Market rate of interest is:




35. Most important source of income of commercial banks is:




36. Select the true statement:




37. If you borrow from a bank the amount which the bank charges is called:




38. The rate charged by a central bank on loans is called:




39. Changes in discount rate are brought about by State Bank to:




40. Short term loans can be obtained in:




41. Long term loans can be obtained in:




42. Functions of commercial bank are:




43. This is a difficulty of barter:




44. Velocity of circulation of money means:




45. Nationalisation of banks ws done in:




46. National Bank of Pakistan is:




47. Total number of branches of Pakistani banks is approximately:




48. National Bank of Pakistan was established in:




49. The bank established for loans to very small enterprises is called:




50. Pakistan has a banking system:




51. Commercial banks in Pakistan are supervised by:




52. National Bank is a:




53. First Women bank is:




54. Bank rate in Pakistan is:




55. State Bank was established in:




56. 10-rupee note is issued by:




57. Acting as lender of last resort a central bank lends to:




58. Which statement is true of the relationship between bond prices and bond yields?




59. Which is the most widely used of monetary policy:




60. When the State Bank wants to decrease money supply in the country it: